Tom Sosnoff Biography- Net Worth after selling Thinkorswim

By | December 22, 2016

The successful entrepreneur Tom Sosnoff is from NYC who was borned in 1957.Today his net worth is about $450 million after selling out Thinkorswim for $606 million. Tom Sosnoff is a well known entrepreneur, who based in Chicago.  He is the man behind Thinkorswim, a revolutionary software platform for options trading. Another move of this businessman is tastytrade, a most amazing website to teach the traders. He is also the founder of Dough Inc. Now he is positioned as the Senior Vice president of the TD Ameritrade, Trader Group.  He was the first person who promoted the network of online finance.

Tom Sosnoff Net Worth

Name Tom Sosnoff
Net Worth $450 Million
Source of Income Entrepreneur
Annual Salary $15 Million
Monthly Income $1,250,000
Weekly Income $312,500
Daily Income $44,600
Birth Date March 6, 1957
Ethnicity White
Wife Under Review

Family & Education

Tom and his family are from New York, he was born there on 6th March 1957. He had his graduation degree from University of Albany of SUNY and his subject of graduation was Political Science. He began his professional career from a very early age; he joined the professional world as a caddy at his 13. Just immediate of having the graduation degree, he has joined the Drexel Burnham Lambert.

Business and Net Worth

The first base of this renowned business person was Sosnoff Sheridan Group, from where he has started his career and then by his superb strategic moves he has achieved the height level of success in his career. Tom believed that the online trading can change the today’s market, so he started Thinkorswim, and has gained mounting revenue from his successful career moved. On 2009, he has sold his co-founded thinkorsworm to TD Ameritrade with the surprising amount of value, which is $ 606 million. Tom himself got $84 million from the business. On 2014, he has won the EY Entrepreneur of the Year Midst award for his superb business strategies.

He has advocated for the options trading in a high necessity. He always believes that the possession and money of a person can be managed by you; there is no necessity of a professional to manage one’s money.  He took all the processes to teach the world every single detail of trading. He serves as a market maker for so long. He is the star trader of The Chicago Board Options Exchange. He has gained so much popularity as the Host and the Co-CEO of tasty trade, a successful and immensely popular venture of Tom.

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